Issued Bank GuaranteesAbout Product

Product description

Česká spořitelna issues bank guarantees on behalf of domestic and foreign beneficiaries in local or foreign currencies.

• Payment guarantees

Payment guarantees ensure settlement of all payments due from the client. They do not serve as a payment instrument, but rather as a hedging instrument.

• Non-payment guarantees

Non-payment guarantees secure other than financial obligations of the client: